QS 14-9 (Algo) Straight-Line: Discount bond computations LO P2 Enviro Company issues 8%,10-year bonds with a par value of $180,000 and semiannual interest payments. On the issue date. the annual market rate for these bonds is 10%, which implies a selling price of 87V2. The stralght iline method is used ta allacate interest expense. 1. What are the issuer's cash proceeds from issuance of these bonds? 2. What total amount of bond interest expense will be recognized over the llfe of these bonds? 3. What is the amount of bond interest expense recorded on the first interest payment date? Complete this question by entering your answers in the tabs below. What are the issuer's cash proceeds from issuance of these bonds? (Round final answer to the nearest whole doliar amount) Complete this question by entering your answers in the tabs below. What total amount of bond interest expense will be recognized over the life of these bonds? (Round final answers to the nearest: whole dollar amount.) annual market rate for these bonds is tow, which implies a selling price of 87 v. The stralght line method is uved to alle expense. 1. What are the issuer's cash proceeds from issuance of these bonds? 2. What total amount of bond interest expense will be recognized over the vife of these bonds? 3. What is the amount of bond interest expense recorded on the first interest payment date? Complete this question by entering your answers in the tabs below. What is the amount of bond interest expense recorded on the first interest payment date? (Round final answer te whole dollar amount.)